According to an announcement from BGMC International (01693), all conditions precedent under the placement agreement have been fulfilled. The placement was successfully completed on January 26, 2026, in strict accordance with the terms and conditions stipulated in the agreement. The placing agent successfully allocated 3.61 million placement shares to no fewer than six placees at the placement price of HK$2.20 per share. This issuance represents approximately 8.36% of the company's total issued share capital as enlarged by the allotment and issue of the placement shares immediately following the completion of the placement.